When the Fed wants to signal the public about the direction of monetary policy, it will likely use
A) a change in the discount rate.
B) open market operations.
C) a change in the reserve requirement.
D) a public announcement about a change in the targeted federal funds rate.
E) all of the above
D
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Refer to the information provided in Table 23.3 below to answer the question(s) that follow. Table 23.3
Refer to Table 23.3. Assuming society's MPC is constant at an aggregate of income of $2,000, aggregate consumption would be
A. $1,500. B. $1,600. C. $1,700. D. $1,800.
Refer to the information provided in Table 13.4 below to answer the question(s) that follow. Table 13.4Price ($)Quantity20.00118.00216.00314.00412.00510.006 8.007Refer to Table 13.4. If a monopoly faces the demand schedule given in the table and has a constant marginal and average cost of $12 per unit of providing the product, then the monopoly maximizes its profits by charging ________ per unit and selling ________ units of output.
A. $16; 3 B. $10; 6 C. $12; 5 D. $14; 4